Mumbai Metropolitan Region Development Authority (MMRDA) has extended the financial bidding date for the monorail project because the interested firms said that they needed more time. Earlier the date of finalisation for the financial bids was 15 June 2008, which has now been postponed to 15 July 2008.
The three consortiums in the race are Bombardier Transportation India; Reliance Energy along with Hitachi; and Larsen and Toubro in a joint venture with the Scomi Group of Malaysia says Projects today.
MMRDA is planning to complete work on its Rs.1800 crore monorail project by 2010 to be implemented on four separate routes. MMRDA had invited the bids on April 12, 2008.